JOET vs. XSW ETF Comparison

Comparison of Virtus Terranova U.S. Quality Momentum ETF (JOET) to SPDR S&P Software & Services ETF (XSW)

JOET

Virtus Terranova U.S. Quality Momentum ETF

JOET Description

The investment seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Terranova U.S. Quality Momentum Index. Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the index. The index is designed to track the performance of quality large-capitalization companies listed in the United States. The index includes common stock and ADRs. The fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. securities.

Grade (RS Rating)

Last Trade

$40.34

Average Daily Volume

28,193

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

XSW

SPDR S&P Software & Services ETF

XSW Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the computer software segment of a U.S. total market composite index. In seeking to track the performance of the S&P Software & Services Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the software and services industry group of the S&P Total Stock Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$191.18

Average Daily Volume

13,114

Number of Holdings ^*

133

* may have additional holdings in another (foreign) market

Performance

Period	JOET	XSW
30 Days	6.28%	14.14%
60 Days	9.25%	19.63%
90 Days	11.89%	21.20%
12 Months	37.40%	42.03%

14 Overlapping Holdings

Symbol	Grade	Weight in JOET	Weight in XSW	Overlap
ACN	B	0.76%	0.64%	0.64%
ADSK	A	0.81%	0.71%	0.71%
APP	B	1.3%	1.52%	1.3%
CRM	B	0.86%	0.81%	0.81%
CRWD	B	0.87%	0.81%	0.81%
DDOG	A	0.79%	0.71%	0.71%
DOCU	B	0.88%	0.87%	0.87%
FTNT	C	0.89%	0.78%	0.78%
IT	C	0.79%	0.65%	0.65%
MSFT	D	0.76%	0.59%	0.59%
NOW	A	0.84%	0.71%	0.71%
ORCL	A	0.82%	0.7%	0.7%
PANW	B	0.83%	0.7%	0.7%
PLTR	B	1.0%	1.02%	1.0%

JOET Overweight 110 Positions Relative to XSW

Symbol	Grade	Weight
AXON	A	1.03%
COIN	C	0.98%
GRMN	B	0.97%
SPOT	B	0.94%
UAL	A	0.91%
DAL	B	0.89%
IBKR	A	0.89%
SYF	B	0.87%
RCL	A	0.87%
APO	B	0.86%
DFS	B	0.86%
HEI	A	0.85%
NFLX	A	0.85%
FCNCA	A	0.85%
PH	A	0.85%
PODD	C	0.85%
SQ	A	0.85%
AMZN	C	0.85%
HWM	A	0.84%
HBAN	A	0.84%
CMI	A	0.83%
CFG	B	0.83%
RF	A	0.83%
GM	C	0.83%
AMP	A	0.83%
VMC	B	0.83%
PCAR	B	0.82%
SYK	B	0.82%
MTB	A	0.82%
RJF	A	0.82%
ROL	B	0.81%
IR	B	0.81%
AXP	A	0.81%
BR	A	0.81%
VRT	B	0.81%
GWW	B	0.81%
FAST	B	0.81%
JPM	A	0.81%
FITB	B	0.81%
ETN	A	0.8%
SPGI	C	0.8%
DOV	A	0.8%
ISRG	A	0.8%
PGR	A	0.8%
APH	A	0.8%
TTD	B	0.8%
BRO	B	0.8%
CINF	A	0.79%
ALL	A	0.79%
COST	A	0.79%
NTRS	A	0.79%
CTAS	B	0.79%
TT	A	0.79%
NVDA	B	0.79%
DECK	A	0.79%
RSG	A	0.79%
WMT	A	0.78%
WRB	A	0.78%
PFG	D	0.78%
MA	B	0.78%
PYPL	B	0.78%
TSCO	D	0.78%
HIG	B	0.78%
URI	C	0.78%
WELL	A	0.78%
WAB	B	0.78%
BSX	A	0.78%
PWR	A	0.78%
BK	A	0.77%
TRV	B	0.77%
MLM	C	0.77%
BRK.A	B	0.77%
META	D	0.76%
NVR	D	0.76%
AFL	B	0.76%
AMAT	F	0.76%
NU	C	0.75%
ANET	C	0.75%
PSA	C	0.75%
CMG	B	0.75%
CB	C	0.75%
AVGO	D	0.75%
CARR	C	0.75%
CAT	B	0.75%
ROST	D	0.75%
LEN	D	0.74%
EXR	C	0.74%
CPNG	D	0.74%
HUBB	B	0.74%
TW	A	0.74%
KLAC	F	0.73%
GD	D	0.73%
PHM	D	0.73%
ACGL	C	0.72%
FSLR	F	0.72%
QCOM	F	0.72%
XYL	D	0.71%
RMD	C	0.71%
UBER	F	0.7%
ADI	D	0.7%
DHI	F	0.69%
MELI	C	0.69%
O	C	0.69%
LLY	F	0.67%
IRM	C	0.67%
AMD	F	0.66%
CHKP	C	0.65%
CEG	C	0.64%
MPWR	F	0.49%
SMCI	F	0.29%

JOET Underweight 119 Positions Relative to XSW

Symbol	Grade	Weight
MSTR	B	-1.39%
CIFR	C	-1.29%
RIOT	C	-1.06%
NNBR	C	-1.04%
BILL	A	-1.04%
WULF	C	-1.04%
CLSK	C	-0.96%
TEAM	A	-0.93%
RBRK	A	-0.88%
FRSH	B	-0.88%
CFLT	B	-0.87%
HUBS	A	-0.86%
NCNO	C	-0.85%
FIVN	C	-0.85%
VERX	A	-0.84%
QTWO	A	-0.83%
PEGA	B	-0.81%
MARA	B	-0.81%
IDCC	B	-0.81%
PRO	C	-0.79%
RNG	C	-0.78%
SOUN	B	-0.78%
INTA	B	-0.77%
ZM	C	-0.76%
OLO	A	-0.76%
CWAN	B	-0.76%
WK	B	-0.76%
PCOR	B	-0.76%
BL	B	-0.75%
KD	B	-0.75%
ALKT	B	-0.75%
FICO	B	-0.75%
AGYS	A	-0.74%
EPAM	B	-0.74%
ZS	B	-0.74%
NTNX	B	-0.73%
ASAN	B	-0.73%
APPN	B	-0.73%
RPD	B	-0.73%
ATEN	A	-0.73%
S	B	-0.73%
CVLT	B	-0.72%
TTWO	A	-0.72%
ESTC	C	-0.72%
QLYS	B	-0.72%
PRGS	A	-0.71%
ALTR	B	-0.71%
AI	B	-0.71%
DJCO	B	-0.71%
RBLX	C	-0.7%
DV	C	-0.7%
ACIW	B	-0.7%
GWRE	A	-0.69%
GEN	B	-0.69%
PD	C	-0.68%
DBX	B	-0.68%
SNPS	B	-0.68%
CDNS	B	-0.68%
VYX	B	-0.67%
IOT	A	-0.67%
BLND	A	-0.67%
EA	A	-0.67%
MITK	C	-0.67%
ZUO	B	-0.67%
GTLB	B	-0.67%
PLTK	B	-0.67%
PTC	B	-0.67%
SWI	C	-0.66%
RAMP	B	-0.66%
ALRM	C	-0.66%
WDAY	B	-0.66%
INTU	B	-0.65%
ANSS	B	-0.65%
PATH	C	-0.65%
MANH	D	-0.65%
DT	D	-0.64%
TENB	C	-0.64%
TYL	B	-0.64%
CTSH	B	-0.64%
SMAR	B	-0.64%
BOX	B	-0.63%
BRZE	C	-0.63%
SPT	C	-0.63%
TDC	D	-0.63%
AUR	C	-0.63%
OSPN	A	-0.63%
DXC	B	-0.63%
DLB	B	-0.62%
YEXT	B	-0.62%
ASGN	F	-0.62%
ROP	B	-0.62%
APPF	B	-0.62%
QXO	D	-0.62%
CXM	C	-0.61%
GDYN	B	-0.61%
BLKB	B	-0.61%
SEMR	C	-0.61%
ADBE	C	-0.6%
INFA	D	-0.6%
HCP	B	-0.6%
ENV	B	-0.6%
VRNT	C	-0.59%
MLNK	C	-0.59%
BSY	F	-0.59%
IBM	C	-0.59%
VRNS	D	-0.59%
U	C	-0.58%
SPSC	D	-0.58%
IBUY	B	-0.55%
NABL	F	-0.53%
JAMF	F	-0.52%
YOU	D	-0.52%
WEAV	C	-0.46%
ETWO	F	-0.44%
CCSI	C	-0.4%
HCKT	B	-0.4%
ZETA	D	-0.39%
DMRC	B	-0.39%
LGTY	C	-0.26%